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2026-11-07T17:21:18.000Z

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Saudi Eyes EGP20bn Deal

Saudi Eyes EGP20bn Deal

A Saudi investor is negotiating with Mountain View to buy around 2,700 units across its projects on the North Coast for EGP 20 billion in cash—up to 50% below their estimated market value of about EGP 40 billion. The deal has not yet been finalized, as the negotiations remain affected by issues related to the Cresta project.

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